Taiwan's Ritek calls $325,000 zero-coupon convertibles

By Susanna Moon

Chicago, June 15 - Ritek Corp. exercised its option to redeem $325,000 of its zero-coupon convertible bonds due 2009.

The redemption date is June 25.

The company will redeem the bonds at 97.124% of the principal amount.

Ritek is an optical disk, photonics and electronics company based in Taiwan.

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